WDS 2.72% $27.60 woodside energy group ltd

Ann: Greater Pluto Reserves and Resource Update, page-35

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    2c resources from 2020 annual report. Potential conversion from Scarborough and Browse will dwarf the <50 mmboe from Pluto. Also worthwhile to note the oil prices those reserve statements are assumed. No one can predict the price even for next year. If price stays elevated, a lot of marginal 2c could be upgraded into 2p.
 
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